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SiriusXM to become world's largest audio provider by acquiring Pandora TechSpot


In an all-stock deal, SiriusXM is now acquiring Pandora at a valuation of $3.5 billion. After the deal is finalized, Pandora and SiriusXM will continue to operate as independent brands and services. Pandora's revenue for the third quarter is expected to be between $390 million and $405 million.

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